On October 10, 2025, DKM Wealth Management, Inc. disclosed a new position in Invesco QQQ Trust, Series 1, acquiring 7,935 shares for an estimated $4.76 million in Q3 2025.

What happened

According to a filing with the U.S. Securities and Exchange Commission dated October 10, 2025, DKM Wealth Management, Inc. initiated a position in Invesco QQQ Trust, Series 1 (QQQ -3.47%), purchasing approximately 7,935 shares in Q3 2025. The estimated transaction value is $4,763,936 in Q3 2025. This brings the fund’s total QQQ position to $4.76 million, with no prior holding reported last quarter.

What else to know

This is a new position for the fund, now accounting for 3.8% of DKM Wealth Management, Inc.’s $124.58 million in reportable U.S. equity assets in Q3 2025.

Top holdings after the filing:

• (NASDAQ:TBLD): $18.72 million (15.0% of AUM) in Q3 2025
• (NYSEMKT:TCAF): $14,341,015 (11.5113% of AUM) as of September 30, 2025
• (NYSE:SOR): $12.86 million (10.3% of AUM) in Q3 2025
• (NYSEMKT:GRNY): $9.22 million (7.4% of AUM) in Q3 2025
• (NYSEMKT:ITOT): $7,186,455 (5.7685% of AUM) as of September 30, 2025

As of October 9, 2025, shares of Invesco QQQ Trust, Series 1 were priced at $610.70, up 23.84% for the year through October 9, 2025, outperforming the S&P 500 by 8.38 percentage points

Company overview

Company snapshot

The investment strategy seeks to track the performance of the NASDAQ-100 Index®.

The portfolio is periodically rebalanced to maintain alignment with the index.

The fund is structured as a trust.

Invesco QQQ Trust offers investors targeted exposure to the NASDAQ-100 Index. The fund’s strategy uses periodic rebalancing to closely mirror index composition and weights.

Foolish take

DKM Wealth Management opened a new position in Invesco’s popular QQQ Trust in Q3 2025, to the tune of $4.8 million and over 7,900 shares. Because QQQ tracks the NASDAQ-100, it gives DKM Wealth Management and other investors a more balanced exposure to tech stocks without nearly as much risk as would be present in investing in individual technology companies.

This has pros and cons, since any individual tech holding can suddenly become a hot commodity and its value balloon dramatically in the current market environment. However, by selecting a basket of tech giants, investors can largely avoid the dramatic ups and downs involved with this sector, and are protected from the more serious losses that can also be present here.

QQQ is an ETF that’s frequently and sometimes aggressively traded, more preferred by active traders than its very similar cousin, QQQM.  QQQ also has higher liquidity, which may be preferred by DKM if the fund feels that this is a shorter term investment, rather than a permanent portfolio balancing move. It can certainly be held long term like QQQM typically is, but it has a higher expense ratio and a higher per share price. Don’t expect this to be a long-term move.

Glossary

13F reportable assets: Assets that U.S. institutional investment managers must disclose quarterly to the SEC on Form 13F.
Assets under management (AUM): The total market value of investments managed on behalf of clients by a fund or firm.
Position: The amount of a particular security or investment held by an investor or fund.
Trust (fund structure): An investment fund organized as a legal trust, often holding assets on behalf of investors.
Periodic rebalancing: Adjusting a portfolio’s holdings at set intervals to maintain target asset allocations or index alignment.
Dividend yield: The annual dividend income from an investment, expressed as a percentage of its current price.
Total return: The investment’s price change plus all dividends and distributions, assuming those payouts are reinvested.
NASDAQ-100 Index®: A stock market index comprising 100 of the largest non-financial companies listed on the NASDAQ exchange.
Outperforming: Achieving a higher return than a benchmark index or comparable investment over a given period.
Market value: The current total value of a holding, calculated as the share price multiplied by the number of shares owned.

The Invesco QQQ Trust (QQQ -1.91%) is the fifth-most popular exchange-traded fund (ETF) worldwide as measured by assets under management. Several prominent billionaires added to their positions in the first quarter, as detailed below:

• Ken Griffin of Citadel Advisors added 2.2 million shares. The Invesco QQQ Trust now ranks as the third-largest position in the hedge fund, excluding options.
• Israel Englander of Millennium Management added 474,300 shares. The ETF now ranks among the 25 largest positions in the hedge fund, excluding options.
• Steven Cohen of Point72 Asset Management added 7,950 shares. The ETF remains a relatively small position in the hedge fund.

Citadel, Millennium, and Point72 are three of the most profitable hedge funds in history as measured by net gains. That makes all three money managers good sources of inspiration, and individual investors should consider following their lead with this ETF. The Invesco QQQ Trust could turn $500 per month into $432,300 in 20 years.

The Invesco QQQ Trust is heavily invested in technology companies likely to benefit from artificial intelligence

The Invesco QQQ Trust measures the performance of the Nasdaq-100, an index that tracks the 100 largest nonfinancial companies listed on the Nasdaq Stock Exchange. The ETF has more than 60% of its assets invested in technology stocks, many of which are likely to benefit as the artificial intelligence (AI) revolution continues to unfold.

The 10 largest holdings in the Invesco QQQ Trust are listed by weight below:

1. Nvidia: 9.8%
2. Microsoft: 8.7%
3. Apple: 7.2%
4. Amazon: 5.6%
5. Broadcom: 5.3%
6. Alphabet: 5%
7. Meta Platforms: 3.5%
8. Netflix: 2.8%
9. Tesla 2.6%
10. Costco Wholesale: 2.3%

AI spending across hardware, software, and services is forecast to grow at 35.9% annually through 2030, according to Grand View Research. Several companies listed above should benefit.

Amazon, Microsoft, and Alphabet are the three largest public cloud providers, meaning demand for AI infrastructure should be a tailwind. And Nvidia is the undisputed leader in data center GPUs, the most popular type of AI accelerator.

Apple has introduced generative AI capabilities for iPhones. Meta Platforms is leaning on AI to increase user engagement across its social media platforms and improve outcomes for advertisers.

Netflix recently started using generative AI to create content for movies and shows. Broadcom is the market leader in AI networking chips and custom AI accelerators, and Tesla recently launched an autonomous ride-hailing service.

History says the Invesco QQQ Trust can turn $500 invested monthly into $432,300 in 20 years

Excluding dividends, the Invesco QQQ Trust advanced 1,340% during the last two decades, which is equivalent to 14% annually. Including dividends, the index fund achieved a total return of 1,560%, compounding at 15% annually. I will assume a more modest return of 12% annually to introduce a margin of safety.

At that pace, $500 invested monthly in the fund would be worth $105,200 in one decade and $432,300 in two decades. Some investors may prefer to save more or less each month, so the chart below shows how different contribution amounts would grow over time, assuming annual returns of 12%.

Returns were determined using the investor.gov compound interest calculator.

Investors need two more pieces of information. First, the Invesco QQQ Trust has been very volatile in the past due to its heavy exposure to technology stocks. The index fund fell more than 12% from its record high seven times in the last decade. Similar volatility is likely in the future.

Second, the ETF has an expense ratio of 0.2%, meaning shareholders will pay $20 per year on every $10,000 invested. Comparatively, the average expense ratio on U.S. index funds and mutual funds was 0.34% in 2024.

Trevor Jennewine has positions in Amazon, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Costco Wholesale, Meta Platforms, Microsoft, Netflix, Nvidia, and Tesla. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.